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Question

A, B, C enter into a partnership investing Rs 35000. Rs 45000 and Rs 55000 respectively. The respective shares of A, B, C in an annual profit of Rs 40500 are:

A
Rs 13500, Rs 16500, Rs 10500
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B
Rs 10500, Rs 13500, Rs 16500
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C
Rs 13500, Rs 10500, Rs 16600
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D
None of these
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E
Any of these
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Solution

The correct option is B Rs 10500, Rs 13500, Rs 16500
A, B, C invest in the ratio 35000 : 45000 : 55000 i.e., 7:9:11
A's share in the profit =727×40500
=7×1500=Rs10500
B's share in the profit =9×1500=Rs13500
C's share in the profit =11×1500=Rs16500.

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